As long as Bitcoin is not adopted, the miners can't pay electricity bills directly peer to peer with Bitcoin, but they must at some point sell mined Bitcoin for USD to cover expenses, and this process makes pressure on Bitcoin price and takes price down constantly. Same every Bitcoin investor must at some point sell Bitcoin for USD to pay for soemthing...

But if adoption would happened and everyone could use Bitcoin directly as peer to peer without middle man. The pressure from exchanges would disappear and Bitcoin would rise forever.

But for this Bitcoin must reach few cent fee per on-chain operation, permanent confirmation in few seconds, scaling for billions of people and at least optional privacy options.

#Bitcoin #consensus #crypto #adoption #payments #peertopeer #freedom